Bitcoin – “Hello $50K!”
Bitcoin has reached and passed $50K for the first time since early September – Uptober is here!
Bitcoin hits $50k for first time in four weeks
“LONDON (Reuters) – Bitcoin, the world’s biggest cryptocurrency by market value, rose above the $50,000 mark for the first time in four weeks on Tuesday, adding to a series of gains since the start of October.
The cryptocurrency fell below that level on September 7 amid a broader selloff in shares of cryptocurrency and blockchain related firms that day. It continued to fall in September, hitting a low of $40,596 on September 21.
On Tuesday, Bitcoin rose as much as 2.35% to hit $50,398.10”